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$3,950,000 pending

1938 franklin, detroit, MI 48207

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Property Description
The newly renovated Elevator Building offers creative workspace in the heart of Detroit's East Riverfront. The building hosts a community of creative professionals working in media, architecture, fashion, wellness, community services, and other fields. The spaces offer a modern reboot of Detroit's industrial past, featuring ample light, high ceilings, and exposed brick and beams. Capital improvements include new roof systems, energy-efficient windows, new HVAC units, and renovated bathrooms. Amenities have also been added, including a conference room, kitchenette, bike storage, high-speed wifi and a private shower room. Tenants take advantage of the building's direct proximity to the award-winning Riverwalk and the Dequindre Cut to access downtown, Eastern Market and Lafayette Park by foot, bike or scooter. Wednesday October 30th from Noon - 2:00 PM
General Information
Sale Price: $3,950,000
Price/SqFt: $141
Status: Pending
MLS#: 667
City: detroit
Post Office: detroit
County: Wayne
Acres: 0.62
Lot Dim: 200x120
Size: 28,078 sq.ft.
Acreage: 0.62 est.
Year Built: 19
Property Type: Commercial/Industrial
Tax, Fees & Legal
Est. Summer Taxes:  $48,391
Est. Winter Taxes:  $5,922


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Vincent Mazzola of O'Connor Realty Detroit, LLC

This listing last updated: Thu, March 19, 2026 at 11:31:41 PM EDT

MIRealSource Listing Data Last Updated On Thursday, April 2 2026 at 5:39am
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Listings presented by:
Vincent Mazzola
O'Connor Realty Detroit, LLC

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